Biden expects more modest hiring after ‘excellent’ jobs report

FILE PHOTO: Signage for a job fair is seen on 5th Avenue in Manhattan, New York City

REHOBOTH BEACH, Del. – U.S. President Joe Biden said on Friday that he expects to see more moderation in hiring in the coming months after an “excellent” jobs report from May.

But Biden said Americans can tackle the “real” problem of inflation from a position of strength and that they should feel confident about the economy.

(Reporting by Andrea Shalal and Trevor Hunnicutt; Editing by Chizu Nomiyama)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota